Looking at the universe of stocks we cover at Dividend Channel, on 6/26/13, Great Northern Iron Ore Properties (GNI) will trade ex-dividend, for its quarterly dividend of $2.50, payable on 7/31/13. As a percentage of GNI's recent stock price of $71.74, this dividend works out to approximately 3.48%, so look for shares of Great Northern Iron Ore Properties to trade 3.48% lower — all else being equal — when GNI shares open for trading on 6/26/13.
Great Northern Iron Ore Properties About To Put More Money In Your Pocket (GNI)
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